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SBG
ECONOMY
SOLID GROUND
and now the largest shopping mall in the region. RAKIA and its real-estate arm RAKEEN are giving Georgia a complete makeover.
Dear Readers,
We came here, and it proves that Georgia has a healthy investment environment. And I want to share with you my thoughts about the challenges
ahead of us.
rapidly and the investment environment is becoming more and more attractive. Today, investors have all the conditions necessary to demonstrate their potential and contribute to the economic development of the country. Georgia’s strong economic performance is leading to higher levels of employment and improved quality of life, ushering in state-of-the-art technology, well-developed infrastructure and a prestigious image in the eyes of foreign states.
(RAKIA) vision is to build a diverse economy that enjoys strong, sustainable growth, by attracting investments from domestic and foreign markets. RAKIA structures itself into eight strategic business units. We plan to invest about USD2bn in Georgia over the next five years.
In 2008, RAKIA created RAKIA GEORGIA Free Industrial Zone LLC, the first Free Industrial Zone
project is located on the historic Silk Road between the East and West. We anticipate that on this strategic location and with the investment of more than USD200m, we will have world-class infrastructure, a modern warehousing
Dr. Khater Massaad
Chairman, RAK Group
complex, container storage areas, a
Government of Georgia fully supports us in this project, offering investor- friendly Free Zone regulations. Since 2009, RAKIA is the owner of the Poti airport, and the renovated airport will provide logistical support to the Free Industrial Zone. We look for reputed companies from all over the world and are happy to welcome them to Poti.
Georgia is a country rich with natural resources, deep historical
is why we believe that tourism and real estate are two of the most promising
given us the impetus to start a number of real estate development projects in Georgia.
In 2006, we established our property development company RAKEEN in Georgia, which started off on two unique projects—Uptown Tbilisi and Tbilisi Heights. With these projects, we set ourselves the difficult aim of developing modern infrastructure for business, living and leisure. Both projects are unique, not only in Georgia, but in the whole Caucasus region, providing residents with a unique lifestyle of unparalleled
of the real estate industry in Georgia and strengthen Georgia’s brand value in the tourism sector. Projects of such large scale will also create much- needed employment opportunities in Tbilisi.
Uptown Tbilisi is a first-of-its-kind, incomparable development, one that meets the standards of global lifestyle.
undertaken in Georgia, and in 2010, RAKEEN plans the grand opening of the largest shopping centre in the
the following segments:
•
the Caucasus region • Residential Tower
• Office Tower
Tbilisi Heights is a unique mixed- use and integrated development bringing a new level of executive lifestyle and helping Georgia establish itself as an international tourism destination.
15 km from the capital Tbilisi.
Very soon, Georgia will also
have its first international standard 18-hole golf course. Golf Village is being planned in Mukhrovani, 25 km from
entertainment destination for golf lovers
land plot has an excellent location for a 5 star hotel, villas and apartment hotels. Along with the golf course, Mukhrovani will showcase a variety of leisure facilities, such as horse riding, hunting and fishing.
Finally, I am happy that our company benefits from a highly qualified, stable and motivated team, ready to cooperate with you.
for your kind attention.
leisure & entertainment centre in
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